Latest in Scripps Networks

The performance of Discovery's international networks helped the company's bottom line in 2018 as it published its first full-year accounts following its acquisition of Scripps Networks.
Revenues grew by 8% at its global channels business compared to a more modest 1% at its domestic networks. Total revenue grew by 3%…

Discovery CEO David Zaslav continued to stump for the company’s $14.4 billion purchase of Scripps Networks Interactive, telling attendees at Goldman Sachs’ Communacopia conference that the acquisition “has delivered more than we thought it would.”
The deal, which closed in March, added the Food Network, HGTV and other…

Add Scripps Networks channels including HGTV and Food Network to the parade of channels that will be available on AT&T’s DirecTV Now streaming service, due to launch by year’s end.
AT&T and Scripps Networks say this morning that they’ve reached a “multi-year, multiplatform agreement” with live and on-demand rights…

HGTV, Food Network, and Great American Country aren’t the first channels that come to mind when one thinks about programming for millennials. But following an agreement announced this morning, the Scripps Networks Interactive channels will be part of the package that Dish Network is assembling for its…

The conversations never became serious. Still, Scripps Networks shares are down 7.2% with heavy volume today afterThe Wall Street Journalreported that the company and Discovery Communications have “abandoned” the preliminary discussions. The fall brings Scripps’ stock price roughly back to where it was in early…

Talk about a Discovery-Scripps Networks deal appears to be premature. Discovery execs are engaged in what-if conversations about the idea of bidding for the owner of HGTV and Food Network. But the company hasn’t prepared an offer, and doesn’t have bankers working on one, as it focuses on opportunities to expand its…

John Lansing has led the Scripps Networks operating division for the past nine years, overseeing Food Network, Travel Channel, HGTV, DIY Network, Cooking Channel, Great American Country and their related businesses. Scripps said today he is retiring from the post but will continue as a consultant. The company…

The company behind HGTV, Food Network and other lifestyle channels has a great topline story to tell for Q1. The bottom line? Not so much. Net income came in at $151.2M, -3.7% vs the period last year, on revenues of $594.4M, +11%. The revenue figure was well above the $582.5M that analysts expected. But earnings…

The company CEO, chairman and president benefited from new contract terms including special retention stock grants recognizing “the critical nature of [his] talent” in a year when Scripps Networks shares appreciated 33.5%. Ken Lowe‘s package included $1.3M salary, $7.4M in stock awards, $1.4M in option awards, $1.7M…

The analysis today from Nomura Equity Research’s Michael Nathanson could dampen the mood at TV networks as we head into the big upfront ad sales season. The most startling discovery: total ad revenues didn’t grow at all in 2012 at the Big Media companies he tracks. Declines at Viacom and News Corp outweighed gains at D…